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Mar 16, 2013
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they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country atarge because he is making a connection between economic liberty and prosperity. he understands that does look to the 20th-century. alwayshe most prosperous countries are always the most free. and the message of essentially constitutionality, individual rights, that is tremendously bullish for the market. bullish for the economy. tting the nail on the head. the fact that everything investors are seeing that we had a sequestered. this guy did not fall. there is still more work to be done in terms of cutting the size of government and going the size of the private economy. neil: that might have been something that job in the republican
they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country atarge because he is making a connection...
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Mar 15, 2013
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ne: a stimulus to the economy. he has always been that way. it pays to focus on what bill gates and doing now, he is on a spending mission, he leaves little doubt about what he thinks of repubcan mission and their drive to cool it on the spending without thinking about results, his biggest fear, congress cutting foreign aid. the man said that foreign raid does a lot of good for the planet. to gauge the more good than bad without a doubt, that is why the guy, he was in washington today pushing hard. urging freshmen lawmakers not to give up the fight or spending on those 2 need the help -- who need the help the most, tonight. decide whether a man can or should stop congress from closing some spending doors, perhaps of all of the interviews i've done with bill gates over the years from earliest days at microsoft or before he became the power house to keeping his juggernaut going once it was a power house to going full time in charity business, this day is for me the most meaningful and consequential, not because of anything i asked of mr. gates b
ne: a stimulus to the economy. he has always been that way. it pays to focus on what bill gates and doing now, he is on a spending mission, he leaves little doubt about what he thinks of repubcan mission and their drive to cool it on the spending without thinking about results, his biggest fear, congress cutting foreign aid. the man said that foreign raid does a lot of good for the planet. to gauge the more good than bad without a doubt, that is why the guy, he was in washington today pushing...
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Mar 17, 2013
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there is drags on the economy and we'll need more taxes to close the gaps. companies would like taxes to be low but also don'tment -- don't want to collapse the economy. theymentment economy to grow and not go broke and some mix of spending cuts and tax increases will hopefully lead us down the path but not the japan path. i don't know which plan is better. they are both magic in my opinion. one wants taxes raised and the other want to lower it twitch percent like that is going to balance the budget. i don't know which one is working. >> johnathon, you took a hike up a big mountain, should taxings go up? >> no, they shouldn't unless they are paying off the debt. we are raising a trillion in taxes according to the democratic proposal. you are only raising taxes to raise spending also. you are not paying off the deficit. governor scott and pry, come to these states where you don't have to p a state income tax. that's what businesses want. this democratic budget is the biggest joke i have ever seen. 10 years from now. you are still running a trillion dollar def
there is drags on the economy and we'll need more taxes to close the gaps. companies would like taxes to be low but also don'tment -- don't want to collapse the economy. theymentment economy to grow and not go broke and some mix of spending cuts and tax increases will hopefully lead us down the path but not the japan path. i don't know which plan is better. they are both magic in my opinion. one wants taxes raised and the other want to lower it twitch percent like that is going to balance the...
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Mar 14, 2013
03/13
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neil: what's a less erroneous, less crippling economy cutthat we could afford? >> i thi one way that we could look at this is to look at the experience of canada in the 1990s which did $5-$7 of spending cuts for every $1 of tax hikes. they substantially reduced government spending and saw a boom as a result of it. neil: guys, thank you very much. we shall see. on this and other subjects, bill gates, founder of microsoft, second richest person on the planet, jos me on what he thinks of this tax talk, and the impact that tax hikes on charitable contributions and the rest. next, we have hank giving the governme a big spanking. greenberg on the 55 billion lawsuit, and why washington is the one bullying. the one bullying. he has the facts, figures, and at a dry cleaner, the one bullying. he has the facts, figures, and we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. i took my son fishing every y
neil: what's a less erroneous, less crippling economy cutthat we could afford? >> i thi one way that we could look at this is to look at the experience of canada in the 1990s which did $5-$7 of spending cuts for every $1 of tax hikes. they substantially reduced government spending and saw a boom as a result of it. neil: guys, thank you very much. we shall see. on this and other subjects, bill gates, founder of microsoft, second richest person on the planet, jos me on what he thinks of...
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Mar 15, 2013
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. ♪ (train horn) : wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ john: our government adds thousands of new laws every year . the fed's alone added 8,000 pages of new regulation just last year. add in state and local laws, we are drowning in rules. >> the police blocking the. so given that the police have the power to let me a or shoot me it is important that we be able to keep an eye on them fortunately that is easier today because even our phones have cameras. a camera is a powerful tool. watching the watchman. the problem is often the watchman don't want to be watched. in jones county mississippi a highway patrolman told pierre, stop your rv. an activist who likes to videotape encounters. >> turn it off. >> how come? >> turn it off. john: the police were suspicious of shirtless, tattooed pete and his big trailer with new hampshire plates. his friend filmed the encounter and said. >> i would like to keep everyone accountable. john: apparently this officer did not like that. another arrived. >> and not shuttin
. ♪ (train horn) : wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ john: our government adds thousands of new laws every year . the fed's alone added 8,000 pages of new regulation just last year. add in state and local laws, we are drowning in rules. >> the police blocking the. so given that the police have the power to let me a or shoot me it is important that we be able to keep an eye on them fortunately that is easier today...
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Mar 15, 2013
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the public trust the president on the economy is neck and neck with the gop. when nancy pelosi was pressed on the president political motives, she had something weird to say. >> i don't think he has ever done anything for political reasons. [ laughter ] >> i think the point of him making that point if he does not want other people to attribute any motivation to what he was doing. i think he has been as bipartisan as any as i have seen. charles: i have to tell you something caught the first time the president ran, i think the public viewed him as a non-politician. i think he has been proven to be nothing but a politician from day one. >> she lost speakership over it. it was not done for political reasons. if it had, we never would have had healthcare reform. of course he is a politician. you do not become president of the united states can't you do not become a senator without being a politician. everything done in washington is with an eye towards the pole. charles: has he been political to a fault? he certainly overplayed with sequestration. you know what, if
the public trust the president on the economy is neck and neck with the gop. when nancy pelosi was pressed on the president political motives, she had something weird to say. >> i don't think he has ever done anything for political reasons. [ laughter ] >> i think the point of him making that point if he does not want other people to attribute any motivation to what he was doing. i think he has been as bipartisan as any as i have seen. charles: i have to tell you something caught...
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Mar 19, 2013
03/13
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it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus you have a society and a lot of things that need to be focused on, laser beaming becomes narrowing, i don't think that is how we' our president or anyone in congress to just have like this one bullet silver bullet solution on what will save the u.s., that is not only thing that u.s. needs right now, we not only have a jobs problem. neil: i think it should be your highest priority. >> it is important for us to look -- >> okay, i understand. >> i don't know why we're again saving the world. neil: i'm not again saving the whales and birds, i'm i w
it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus...
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Mar 13, 2013
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because our economy is not growing at 5%. he makes you not spend more than what you bring in. what he does is make the program more efficient. so he takes it to the lower level and puts it into the states that allows them the flexibility. and that's a difference. the other thing is, you move the economy in a different way, too, so more people are working, more people have a different opportunity. >> greta: all right, one of the other parts is under medicare, he would convert it to a subsidized private plan. what is that? >> it's-- you know what that is? that's getting health care just like every congressional member of congress has. it gives you a choice. >> greta: i mean, you get some-- you get money from the government. those who couldn't afford it-- >> the very poorest, we're going to respect you, you believe now what's best about your health care, too, we're going to give you options just like people who are watching this channel have options which cable they want to get. which packages they want to buy. you get to set some and-- >> when you say subsidize, medicare right n
because our economy is not growing at 5%. he makes you not spend more than what you bring in. what he does is make the program more efficient. so he takes it to the lower level and puts it into the states that allows them the flexibility. and that's a difference. the other thing is, you move the economy in a different way, too, so more people are working, more people have a different opportunity. >> greta: all right, one of the other parts is under medicare, he would convert it to a...
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Mar 15, 2013
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>> i do think there has been a problem in the economy where the lower end of the economy has not been able to travel in a gamble. and overbuilding. mgm, las vegas has not come back folia from the recession. more of a direct play on that verses the other stocks that don't like what las vegas sands. that is kind of a boom economy that could crash. too much playing with the vip travel. i prefer with playing with the average gambler. in almost bankrupt stock, but a vigorous comeback, and that the key will have to, we will have to see that take off. melissa: of want to bring in david patrice, joining us now. i think we apologize, having some problems with your huckabee at the beginning, but we're glad you could join us now. both of our guests were just saying that they want to invest in indian reserves and think that is a good pick for our viewers. how you feel? >> i would stay away. in fact, i would stay away from resorts in total. my take was actually when resorts. with this recession discretionary consumer spending has dropped off considerably. corporations are not spending money for pe
>> i do think there has been a problem in the economy where the lower end of the economy has not been able to travel in a gamble. and overbuilding. mgm, las vegas has not come back folia from the recession. more of a direct play on that verses the other stocks that don't like what las vegas sands. that is kind of a boom economy that could crash. too much playing with the vip travel. i prefer with playing with the average gambler. in almost bankrupt stock, but a vigorous comeback, and that...
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Mar 19, 2013
03/13
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you are bullish on the economy. i want to be there, and there's a mixed bag here, unemployment, 7% to 8% range, forecasted for the year. housing, a little bit of a concern here from economists that the housing market is ahead of itself, but, still, bullish on the u.s. economy, so explain that. >> yes, thanks, cheryl. we are bullish on the u.s. economy, housing continues to come back. you saw the numbers today, but, you know, it's still 15, 20, 25%, spending where you are, in the u.s. 30% where it was at its peak. you know, household formation in the last few years has been delayed because of americans deciding to live with their parents, essentially, but population growth continues. bullish on the housing market driving quite of other consumer demand. cheryl: are you changing your asset allocation mix now? is that something you're in the midst of doing, especially on a day like today and yesterday when there seems to be a lot of money moving around, not a lot of new money, but money moving nonetheless. >> we're not
you are bullish on the economy. i want to be there, and there's a mixed bag here, unemployment, 7% to 8% range, forecasted for the year. housing, a little bit of a concern here from economists that the housing market is ahead of itself, but, still, bullish on the u.s. economy, so explain that. >> yes, thanks, cheryl. we are bullish on the u.s. economy, housing continues to come back. you saw the numbers today, but, you know, it's still 15, 20, 25%, spending where you are, in the u.s. 30%...
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Mar 17, 2013
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couple of things did happen his approval rating dropped 12 points among women and the handling of the economy is a dead heat with the republicans. he doesn't have to run for reelection again, but a lot of democrats do and if you're a democrat who needs to get reelected you're getting very nervous and i think the democratic elites in washington have conveyed to the president this isn't working. you've got to do business with these people. >> paul: do you think it's cosmetic, rhetorical or do you think it's actually sincere? >> well, if it were deeply sincere, it would suggest a sea change with the president and i don't think that anyone is running around washington saying, my god, do you believe how he's changed? it's called a charge offensive and that's a weird name for this. he's not being especially charming and his own white house seems to find it somewhat offensive that they have to deploy him out to talk to crazy republicans. >> there was a background growth this week. >> there was. >> on the story. >> this is not going to-- ap reporter, this doesn't mean anything, it's not going anywher
couple of things did happen his approval rating dropped 12 points among women and the handling of the economy is a dead heat with the republicans. he doesn't have to run for reelection again, but a lot of democrats do and if you're a democrat who needs to get reelected you're getting very nervous and i think the democratic elites in washington have conveyed to the president this isn't working. you've got to do business with these people. >> paul: do you think it's cosmetic, rhetorical or...
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Mar 14, 2013
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we we believe we need to grow the economy. and miss policies, grow the government at the expense of growing the economy. >> you know what i think is also peculiar about the budget path to prosperity the republicans budget and the senate came out foundation for growth restoring the promise of american opportunity. what's wrong with just saying the senate budget and the house budget. you guys jazz up these names, sort of like you package the branded and i think the american people, they just want a budget. >> just give me a budget. well, it's pretty straight forward and most americans deal with that and i think that most americans also realize that they could live on what the house budget has proposed, 3.4% increase in spending over the next ten years, but it's 4 1/2 trillion dollars less in spending than what the senate democrats are putting forward and the senate democrat budget 1.5 trillion dollars tax increase on top of the 1.7 tri increase we've already seen out of the administration. >> they're going to through closing loo
we we believe we need to grow the economy. and miss policies, grow the government at the expense of growing the economy. >> you know what i think is also peculiar about the budget path to prosperity the republicans budget and the senate came out foundation for growth restoring the promise of american opportunity. what's wrong with just saying the senate budget and the house budget. you guys jazz up these names, sort of like you package the branded and i think the american people, they...
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Mar 20, 2013
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the obama economy slowly growing as markets pushed higher. former federal reserve vice chairman and noted princeton economist with us here next. ♪ gotcha ! got you ! you cannot escape the rebel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never having to surrender the things that matter. gotcha. that's powerful. verizon. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ lou: well, amidst all today, the housing market showing signs of a robust recovery. a former vice chair of the fed and noted economist alan blinder joins us here tonight to tal about the possibilities of a return to prosperity. and on wall street, the dow jones industrials powering through all those zero lorries to close higher. many investors still concerned about the eu bailout and the cyp
the obama economy slowly growing as markets pushed higher. former federal reserve vice chairman and noted princeton economist with us here next. ♪ gotcha ! got you ! you cannot escape the rebel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never having to surrender the things that matter. gotcha. that's powerful. verizon. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then...
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Mar 20, 2013
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the economy is picking up steam, no question about it. we're seeing really good stock market obviously. the one thing that i worry about, that ben bernanke doesn't worry about, those esther george, the fed chief, that kansas city bank basically said we have to worry a little bit about inflation when we keep putting $80 billion into the economy every month. i agree with that concern. melissa: julia, what do you think about that. he was asked that question directly a number of times t was also in the statement. very much shrugged it off. he basically said we could use a little bit more inflation right now? >> absolutely. >> he should shrug it off. i completely disagree with that. what the economy needs is employment and employment will lead to wage growth. then we can start worrying about inflation the adpri -- agree with earn about key the bigger risk they pull back too early and once again we see momentum slip away. this is a fragile recovery. the upside of them being wrong so often that they actually acknowledge it and try and adjust. so
the economy is picking up steam, no question about it. we're seeing really good stock market obviously. the one thing that i worry about, that ben bernanke doesn't worry about, those esther george, the fed chief, that kansas city bank basically said we have to worry a little bit about inflation when we keep putting $80 billion into the economy every month. i agree with that concern. melissa: julia, what do you think about that. he was asked that question directly a number of times t was also in...
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Mar 16, 2013
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it's worth about a billion dollars overall to the economy, just in southern california. well we are on the subject of sex in addition to the so-called vice taxes, some states are actually putting -- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, the is no denying that device is generating an enormous amount of what gernment see to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other leaders. the billionaire mayor wants to ban guns. st
it's worth about a billion dollars overall to the economy, just in southern california. well we are on the subject of sex in addition to the so-called vice taxes, some states are actually putting -- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as...
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Mar 21, 2013
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neil: first day of spring, and is the economy springing back? unemployment down, but a couple of thorns in this otherwise rosy news. fedex's quarterly profit diving by a third now warning this year could be dicey, and next year may be dicier. restaurants seeing the worst sales in three years. market watcher francis newton and whether you should be worrying back with john, and richard benjamin. francis, you're getting worried? >> absolutely. it's ancient dow theory. since when is cost cutting equal profits or equal prosperity? it equals profits in some cases, but not prosperity. the shoe is kind of starting to drop. dow theory covers two components. it covers the loss in production and also the consumer side of it. if companies are choosing freight over express airmail, why are they doing that? what's the incentive behind that? and, again, the dow transports show there's international weakness, so it's sort of, like, a matter of time. we have fiscal issues and now we're starting to see some weakness in the dow theory. neil: you know -- >> keep wa
neil: first day of spring, and is the economy springing back? unemployment down, but a couple of thorns in this otherwise rosy news. fedex's quarterly profit diving by a third now warning this year could be dicey, and next year may be dicier. restaurants seeing the worst sales in three years. market watcher francis newton and whether you should be worrying back with john, and richard benjamin. francis, you're getting worried? >> absolutely. it's ancient dow theory. since when is cost...
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Mar 13, 2013
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and these new jobs will help build our economy. i think they made the right decision, we're glad to have metlife, a gri great company coo north carolina. neil: there are a lot of zero-tax states like texas and florida trying to do what you are i do, the governors have a contest to do that but there are fewer of you guys than the high tax state guys. what happens in you woo those jobs the republican-run state ewhat do you offer they do not? >> rick perrynd nikki haily and bob mcdonald, we consider them competition, they are friends but they are competition, we welcome the competition. rick perry and i saw each other two weeks ago, we said we'll fight for our jobs, he is going to california, i fight for jobs to keep jobs in north carolina, and i'll take jobs from any place, i like to get them from overseas, also some international companies investing in north carolina. and we're having good news success, and the metlife announcement of 2600 jobs with is a positive signal for north carolina, our biggest challenge right now is small ru
and these new jobs will help build our economy. i think they made the right decision, we're glad to have metlife, a gri great company coo north carolina. neil: there are a lot of zero-tax states like texas and florida trying to do what you are i do, the governors have a contest to do that but there are fewer of you guys than the high tax state guys. what happens in you woo those jobs the republican-run state ewhat do you offer they do not? >> rick perrynd nikki haily and bob mcdonald, we...
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Mar 18, 2013
03/13
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the entire economy of this city is based in gaming, 33,000 people work in the industry. here at the golden nugget atlantic city casino, they have a golden nugget. look at that. they have a hotel, cay casino, d marina in the heart of new jersey. hear from the general manager at the bottom of the hour, and i sit down with a blackjack dealer and learn for the first time how to play blackjack. i never played it in the casino before, and you'll never guess how i did. it's not just gambling, but the biggest trends in alcohol these days, bourbon, plus, tobacco, porn, reality tv, and how your smart phone is a vice. we have a sinful hour ahead capping it off with how you at home as an investor can make money on it all. first tonight, our top story. obamacare's latest surprise is a new fee to hit employers. douglas holtz-eakin, president of the and former cbo director. great to talk to you. i was shocked to hear about the fee, $63, nobody knew it was coming, $63 per eployee, so for a company like boeing, that's $10 million just for the fee alone. what is it for, and why didn't we
the entire economy of this city is based in gaming, 33,000 people work in the industry. here at the golden nugget atlantic city casino, they have a golden nugget. look at that. they have a hotel, cay casino, d marina in the heart of new jersey. hear from the general manager at the bottom of the hour, and i sit down with a blackjack dealer and learn for the first time how to play blackjack. i never played it in the casino before, and you'll never guess how i did. it's not just gambling, but the...
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Mar 19, 2013
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it was not a good idea to do it this way, as for 2014, i thi it depends on the circumstances in the economy. if there is more obama fatigue. lou: can i say, watching the republican party with all prevail -- tre veil, i think that everyone better give up on idea of doing anything with the democrats and letting the economy doing the intellectual heavy lifting for the republican party, they better get ready to go. because, this is not going to be a default election, just as 2012 was. i have to -- i hate to do it, but we have to right there. anyway, thank yo thank you very, that is it for us, we hope you will be us tomorrow, congressman frank wolf of join us. on what is going on in the obama justice department, from new york. york. >> you know every liberal's dream that government seizing your money out right, there is nothing you can do about it. now no cyprus they could find out the hard way, this tiny island nation sent a tsunami shockwave to the rest of the world, keeping the banks closed until they find a more palatable way to. welcome i am neil cavuto, you got 10 grand in a bank account.
it was not a good idea to do it this way, as for 2014, i thi it depends on the circumstances in the economy. if there is more obama fatigue. lou: can i say, watching the republican party with all prevail -- tre veil, i think that everyone better give up on idea of doing anything with the democrats and letting the economy doing the intellectual heavy lifting for the republican party, they better get ready to go. because, this is not going to be a default election, just as 2012 was. i have to --...
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Mar 16, 2013
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it's underappreciated, there's a tax increase on the economy to turn into big job growth impacts and turn into big cost of insurance impacts, and that's what the fee is for, it's there to get the startup of the new exchanges going and to ensure the high cost paicialghts are covered into the insurance products. gerri: what's interesting because there's a lot of people asking for exclusions already, and am i surprised that thedownon representing auto workers doesn't want to pay this. boeing, as i mentioned before, they are asking for exclusions. suspect this s case where virtually anybody with more than say a thousand employees is going to be knocking on th white house doors asking for personal consideration? >> well, of course, you would. this is a cost of doing business, going to be sutantial, and unanticipated cost. we saw this with all the regulations that have been put in place to make obamacare go. one by one, they show up and ask for exclusions because they are costly, have to change the way they do business, change the insurance, and the fee is no different. we saw a medical de
it's underappreciated, there's a tax increase on the economy to turn into big job growth impacts and turn into big cost of insurance impacts, and that's what the fee is for, it's there to get the startup of the new exchanges going and to ensure the high cost paicialghts are covered into the insurance products. gerri: what's interesting because there's a lot of people asking for exclusions already, and am i surprised that thedownon representing auto workers doesn't want to pay this. boeing, as i...
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Mar 13, 2013
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>> they're positive to the economy. david: that kind of flies in the face of reality which you mentioned. we have personal income down 3.6% in february. that's a huge drop. that is much less money in your pocket. presumably that would change your buying patterns but it hasn't. >> presumably it would. probably if you average over the entire pop like it does but you look at specific demographics. they may reduce spending my increase because they feel more optimistic about the economy. david: people affected least by drop in personal income are younger folks, who by the way are the most fickle. hardest to choose which company really appeals to their tastes. >> they are the most fickle. they're also the different, most difficult to reach. these are multichannel users. that is one thing we do at experion market services we look at multichannel marketing strategy. they are reaching customers through five different channels, through the web, search, mobile, print, tv. getting to these people is becoming more and more difficult
>> they're positive to the economy. david: that kind of flies in the face of reality which you mentioned. we have personal income down 3.6% in february. that's a huge drop. that is much less money in your pocket. presumably that would change your buying patterns but it hasn't. >> presumably it would. probably if you average over the entire pop like it does but you look at specific demographics. they may reduce spending my increase because they feel more optimistic about the economy....
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Mar 19, 2013
03/13
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emerson. ♪ emerson. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities.
emerson. ♪ emerson. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities.
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Mar 15, 2013
03/13
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FBC
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it's bad for the economy. -for the country. however, the republicans did not have the votes to stop that, so what did they do? of the choice we wouldather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank you, francis. lou: well, if it's francis it's a different kind of deal, not about that. it's more likely to be about a mule. governor, we thank you very mu. >> thank you for having me. lou: much more on the future of the republican party throughout tonight's show. stay with us. ♪ lou: president and the famous the proclaimed the era of big government to be over. boy, was he wrong. but this wrong? we take it up in tonight's "chalk talk." ♪ wall street streaking higher. will it go higher from here? charles schwab managing director randy fetter on this r
it's bad for the economy. -for the country. however, the republicans did not have the votes to stop that, so what did they do? of the choice we wouldather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank you,...
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Mar 13, 2013
03/13
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FOXNEWSW
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. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate democrats up for re-election 2014 will feel about voting on another 1 trillion-dollar tax increase. shep? >> shepard: we heard today from com ryan. he is contrasting the house g.o.p. budget with the senate plan. >> that's right. congressman paul ryan notes that his own plan would increase government spending each year but just not at the rate that we are doing currently. ryan also is particularly irritated with one aspect of the senate democrats' plan.>> we may not agree on how to balance the budget. but we ought to be able to agree on 00 need to balance the budget. a
. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and...
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Mar 18, 2013
03/13
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the same poll shows 52% of americans disapprove of the way that he is handling the economy. the president is now making an effort to reach out to republicans by meeting with them several times over the past couple of weeks but you have is to wonder are his efforts sin? sincere. i asked lindsey graham earlier. the president spent more time on capitol hill meeting with republicans in the past week than he has for the previous four year is. senator, what is up? >> i don't know. old saying in the south it doesn't matter how you find religion as long as you do. i don't know if it is the dropping poll numbers or wants a leg icy and realizes you you can't have one without talking to republicans. either way it is a constructive thing. >> mike: i said you can't govern if you don't have relationships. >> right. >> mike: you can't have relationships if you don't look at each other face to face and spend time together. may not always be pleasant but it has got to be done. are you convinced and you were one of the senators that had dinner with him on the thursday night at the jefferson h
the same poll shows 52% of americans disapprove of the way that he is handling the economy. the president is now making an effort to reach out to republicans by meeting with them several times over the past couple of weeks but you have is to wonder are his efforts sin? sincere. i asked lindsey graham earlier. the president spent more time on capitol hill meeting with republicans in the past week than he has for the previous four year is. senator, what is up? >> i don't know. old saying in...
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Mar 15, 2013
03/13
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KGO
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uncertain over the economy may be why working moms are looking for full time jobs. a spike in jobs seeking a full time over part time employment. the study found that shift has less to do with career am bigs than current realities. roughly half of the working mothers interviewed said fit hadn't been for the income they'd rather be home with children. >> about one in three american drivers uses his or her cell phone while behind the wheel. is that you? or me, perhaps? >> that is a rate higher than that compared to european drivers sowing shah that 69% of americans talked on mobile phones while driving. 31% read or send text messages. portugal came closest to the united states in talking and texting behind the wheel. >> is it's a big day saturday on the bay meadows race track. that is when the first homes go on sale. today, developers presented the mark next to the urban village will have 1200 homes and dozens of shops and offices. >> it will be with their neighbors that. was the spirit of community at the old bay meadows race track was more important than putting bet
uncertain over the economy may be why working moms are looking for full time jobs. a spike in jobs seeking a full time over part time employment. the study found that shift has less to do with career am bigs than current realities. roughly half of the working mothers interviewed said fit hadn't been for the income they'd rather be home with children. >> about one in three american drivers uses his or her cell phone while behind the wheel. is that you? or me, perhaps? >> that is a...
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Mar 18, 2013
03/13
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KNTV
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economy. so for instance, we talked about our visa policy. if we can do things to better facilitate people getting visas in different markets, then they will travel more. and we're seeing much greater demand for markets like brazil, india, russia, china to travel to the u.s. we make it easier for them to do that, then more people will come. so the president got behind this initiative wholeheartedly. they invested in the visa process in brazil, opening up more visa offices. more people are coming. particularly to florida, which we've seen that we benefit from. but so does the u.s. economy. >> bob, where does the growth come from at disney the coming three years? >> in our case it starts with creating intellectual property and experiences, and then leveraging that across multiple platforms and multiple territories. we benefit from technology making this great intellectual property available to more people more often more places. so the new platforms that we see will be mobile platforms. one example, a great opportunity for creators of intellect
economy. so for instance, we talked about our visa policy. if we can do things to better facilitate people getting visas in different markets, then they will travel more. and we're seeing much greater demand for markets like brazil, india, russia, china to travel to the u.s. we make it easier for them to do that, then more people will come. so the president got behind this initiative wholeheartedly. they invested in the visa process in brazil, opening up more visa offices. more people are...
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Mar 16, 2013
03/13
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KQED
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consumers are concerned about the national economy. they just took a hit in their paychecks as a result of the payroll tax hike, and then on top of that the higher gas prices are going to force them to make some decisions that they wouldn't otherwise have to make. so it's very concerning. >> reporter: pain at the pump is something that all americans can identify with. but many consumers say that they work their budgets around higher gas prices because commuting expenses are nonnegotiable. but how do the higher prices impact the rest of their spending remains to be seen. for "nightly business report," i'm jackie deangelis. >>> while energy prices creep higher, so does optimism about the recovery in the u.s. housing market. one of the nation's largest home builders say the fundamentals in the real estate turn around are strong, and that an increase in home prices is not a bad thing. >> what we're seeing is that prices are moving up, not because costs are moving up so much, but because demand is getting so strong, we're seeing some freein
consumers are concerned about the national economy. they just took a hit in their paychecks as a result of the payroll tax hike, and then on top of that the higher gas prices are going to force them to make some decisions that they wouldn't otherwise have to make. so it's very concerning. >> reporter: pain at the pump is something that all americans can identify with. but many consumers say that they work their budgets around higher gas prices because commuting expenses are nonnegotiable....
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Mar 15, 2013
03/13
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KICU
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. > what is the stock market telling us about the economy? yesterday we had better-than- expected news coming from the labor market. jobs are being added. is that giving a boost to the market? > > you know, all signs point to that we are just in this low- volatility grind upward. i don't think the professional community - traders on the floor, brokers - really think that the economy is on solid footing yet. but, boy, if it does, if we do see a turnaround and gdp does start to pick up, who knows what then? > aren't you one of those traders who is seeing a rotation out of apple and into google? > > yeah. you know what, it is very interesting, because for about the last two weeks or so now, we have seen apple really hold major support at $425 - $420, $425. major support. and now maybe google is a little bit tired. so, where the people that had the flip side of that just two or three months ago, out of apple, into google, you are starting to see that rotation come to play now. > pleasure to have you on the show. thank you scott. > > take care ang
. > what is the stock market telling us about the economy? yesterday we had better-than- expected news coming from the labor market. jobs are being added. is that giving a boost to the market? > > you know, all signs point to that we are just in this low- volatility grind upward. i don't think the professional community - traders on the floor, brokers - really think that the economy is on solid footing yet. but, boy, if it does, if we do see a turnaround and gdp does start to pick up,...
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Mar 18, 2013
03/13
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we'll be right back and talk about the economy. stay with us. alan krueger is here, he's chairman of the whitehouse council of economic advisors. today he presented the economic report of the president. this is what it looks like. the report found that while much work remains, the economy's healing and moving in the right direction and it could create newed head winds. the sequester was signed in law in march 1st full effect is remain to be seen. all eyes on washington. i'm pleased to have alan krueger back at this table. welcome. >> my pleasure. >> rose: what's the essence of this which is sort of like asking moses of the ten commandments which are the important two. give me the essence of what you discover and you want the american public to know. >> you touched on it. the u.s. economy went through a traumatic period. financial crises was extraordinarily deep. we lost $16 trillion in wealth. but we are digging our way out of this problem. we've regained now almost 15 trillion of the lost wealth. over the last 36 months we've added private sect
we'll be right back and talk about the economy. stay with us. alan krueger is here, he's chairman of the whitehouse council of economic advisors. today he presented the economic report of the president. this is what it looks like. the report found that while much work remains, the economy's healing and moving in the right direction and it could create newed head winds. the sequester was signed in law in march 1st full effect is remain to be seen. all eyes on washington. i'm pleased to have alan...
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Mar 20, 2013
03/13
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FBC
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they are forecasting the entire economy. when you look at those dates, those are the ones with the more optimistic outlooks. you have the fiscal uncertainties. the fed cannot take that into account in their forecasts. they forecast the economy as it is, not what may happen from the fiscal side. cheryl: the sequester will be one of the things that can change their gdp projections. i assume that would be to the downside. unemployment, that is also key to market participants. is 6.5% unemployment -- if that threshold comes sooner rather than later, that will be a market negative, i assume. >> i would assume that as well. the labor force participation rate is at a 30 year low. we will get it down to 6.5% by giving more people to drop out of the labor market. if you look at consumer confidence as measured by the university of michigan, that have plummeted this year. do not forget, guys, the way that that helps out this u.s. government is keeping the rates low. cheryl: what about the homebuilders, scott? homebuilding has been a bi
they are forecasting the entire economy. when you look at those dates, those are the ones with the more optimistic outlooks. you have the fiscal uncertainties. the fed cannot take that into account in their forecasts. they forecast the economy as it is, not what may happen from the fiscal side. cheryl: the sequester will be one of the things that can change their gdp projections. i assume that would be to the downside. unemployment, that is also key to market participants. is 6.5% unemployment...
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Mar 15, 2013
03/13
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KQED
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it's good to be the economy. it creates jobs. >> reporter: he said he supported the position of his predecessors in favor of a strong dollar policy on the issue of the budget, there's a big battle over sequestration. secretary lew said he thought he heard cooler heads prevailing and seemed somewhat optimistic that a deal could be reached that would end the automatic sequestration cuts. steve liesman in alpharetta, georgia. >>> meanwhile, timothy geithner will write a behind the scenes book on the financial crisis and how he and other officials debated and worked together. crown publishers commissioned the book and made the announcement today. the book is due out next year. no word on what crown is paying mr. geithner. >>> the second report card on the health of u.s. banks came out late today with mixed results. the federal reserve rejected the capital plans from bb&t bank and allied financial which was the only bank to fail the original test that came out last week. goldman sachs and jpmorgan got only conditional
it's good to be the economy. it creates jobs. >> reporter: he said he supported the position of his predecessors in favor of a strong dollar policy on the issue of the budget, there's a big battle over sequestration. secretary lew said he thought he heard cooler heads prevailing and seemed somewhat optimistic that a deal could be reached that would end the automatic sequestration cuts. steve liesman in alpharetta, georgia. >>> meanwhile, timothy geithner will write a behind the...
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Mar 20, 2013
03/13
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he says our economy is improving but it still needs help. so the fed will keep interest rates at record low levels and will keep buying $85 billion in bonds each month. stocks like that, the dow up 56 points. briefly hitting a new record. the nasdaq up 25. the s&p up 10. of course, investors the world over are still watching the tiny island nation of cyprus as it nears possible bankruptcy. banks there are closed for the rest of the week now. and lawmakers are working on a plan b after parliament rejected a proposal to tax people's savings accounts. the fox business network peter barnes is live in the newsroom in washington. how concerned is the fed about cyprus? >> well, shep, he said the feted is paying attention to it, monitoring cyprus carefully. he said that so far its problems don't appear to be spreading to the u.s. or other countries. and that's the big concern here that this could become a contagion and trigger another financial crisis. but, bernanke suggested cyprus is unique, that its banking system is unusually large, compared to
he says our economy is improving but it still needs help. so the fed will keep interest rates at record low levels and will keep buying $85 billion in bonds each month. stocks like that, the dow up 56 points. briefly hitting a new record. the nasdaq up 25. the s&p up 10. of course, investors the world over are still watching the tiny island nation of cyprus as it nears possible bankruptcy. banks there are closed for the rest of the week now. and lawmakers are working on a plan b after...
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Mar 15, 2013
03/13
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KQEH
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economy. >> we had a couple of huge risks hanging over the global economy for the last year. china had the hard landing, the euro break-up, would america fall over its fiscal cliff. none of those things happened. >> reporter: but several good things have happened including more signs today of a turnaround in the labor market. the number of people claiming initial jobless claims falling last week to a lower-than-expected 332,000. that following last friday's february employment report which showed the unemployment rate fell to its lowest level since 2008. but while the outlook on jobs is improving, inflation is putting more pressure on u.s. businesses. producer prices or the cost of businesses to manufacture goods rose again in february, climbing nearly 1.7% in just the past year. pushed higher by rising gas prices. at the same time, the u.s. dollar has shown some relative strength, up 4% in just the past two months against the other major currencies. while a stronger dollar sounds great, it can hurt american business making u.s. exports more expensive to foreign buyers. >> to
economy. >> we had a couple of huge risks hanging over the global economy for the last year. china had the hard landing, the euro break-up, would america fall over its fiscal cliff. none of those things happened. >> reporter: but several good things have happened including more signs today of a turnaround in the labor market. the number of people claiming initial jobless claims falling last week to a lower-than-expected 332,000. that following last friday's february employment...
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Mar 14, 2013
03/13
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CNBC
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interestingly, even as we are looking at the idea of the economy being better, we are still worried about china and copper is lagging on the month. >> we are up 52 points on the dow. if we hold this level and close at it, that will be a ten-day winning streak for the dow. that's the best it has done since 1996. here are other streaks. wayne gretzky, call rip kin jr., and caesar chavez won 87 straight boxing matches. >> ten percent on the year. the important thing is the s&p. 1565 would be the closing high and that would be the big number. as the s&p has been creeping up, guess what has been creeping down? we're at the new lows on the volatility index. that is .55. that is a six-year low. let's not get too crazy about it. as we're marching forward, volatility goes down. men's warehouse look at that big move there. e-trade. citadel owned about 9%. they are exiting etrade at an 18 month high. >> okay. thank you very much. let's check on the nasdaq. >> take a look at the nasdaq. we're up on the day. semi conductor stocks continue to be a good thing. the headline on wireless infrastructure is
interestingly, even as we are looking at the idea of the economy being better, we are still worried about china and copper is lagging on the month. >> we are up 52 points on the dow. if we hold this level and close at it, that will be a ten-day winning streak for the dow. that's the best it has done since 1996. here are other streaks. wayne gretzky, call rip kin jr., and caesar chavez won 87 straight boxing matches. >> ten percent on the year. the important thing is the s&p....